Shane Rene Falcon of Miami Florida a stockbroker currently registered with National Securities Corp is the subject of a customer initiated investment related arbitration claim in which the customer requested $300,000.00 in damages based upon allegations that the customer had been placed into a private placement which was not suitable for the customer when Falcon was associated with National Securities Corp. Financial Industry Regulatory Authority (FINRA) Arbitration No. 20-00517 (Feb. 12, 2020).
This is not the first time that Falcon has been accused of inappropriate transactions by a customer. FINRA Public Disclosure confirms that on June 12, 2015, a customer filed an investment related complaint concerning Falcon’s activities where the customer sought unspecified damages founded on accusations that over-the-counter equities trades were executed in excessive amounts by Falcon in the customer’s National Securities Corp account.
Falcon has been associated with National Securities Corp since July 2, 2013.
